Configure a Depreciation Method for Calculating Cost of Server Hardware

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You can configure vRealize Business for Cloud to use a depreciation method to compute amortized monthly cost of hardware component (for example, server, disks). You can set the depreciation period to two or seven years.

vRealize Business for Cloud uses the salvage value of zero dollars.

depreciable cost == original cost

Depreciation rate = 2 / number of depreciation years

For example, 2/5 = 0.4

This is the yearly depreciation of double declining balance method and yearly depreciation of straight line method.

Procedure

Log in to vRealize Business for Cloud as an administrator.

https://vRealize_Automation_host_name/vcac/org/tenant_URL (for the vRealize Automation-integrated vRealize Business for Cloud setup)

https://vRealize_Business_for_Cloud_host_name/itfm-cloud(for the vRealize Business for Cloud standalone setup)

Click the Administration tab.

Click Business Management.

Ignore this step for the vRealize Business for Cloud standalone setup.

vRealize Business for Cloud supports double declining balance and straight line yearly depreciation methods. By default, vRealize Business for Cloud uses the double declining balance method over the period of five years.